MIRA INFORM REPORT

Report No. :	324916
Report Date :	03.06.2015

IDENTIFICATION DETAILS

Name :	ACME CLEANTECH SOLUTIONS LIMITED (w.e.f. 22.02.2013)

Formerly Known As :	ACME TELE POWER LIMITED

Registered Office :	Plot No. 152, Sector 44, Gurgaon – 122002, Haryana
Tel. No.:	91-124-7117000

Country :	India

Financials (as on) :	31.03.2014

Date of Incorporation :	14.01.2003

Com. Reg. No.:	05-035026

Capital Investment / Paid-up Capital :	Rs. 384.100 Million

CIN No.: [Company Identification No.]	U64202HR2003PTC035026

IEC No.:	Not Available

TAN No.: [Tax Deduction & Collection Account No.]	RTKA03044G

PAN No.: [Permanent Account No.]	AAECA0914A

Legal Form :	Private Limited Liability Company

Line of Business :	Subject is engaged in the field of energy management and solutions for the wireless telecommunications and alternate energy sector. It is engaged in the research and development, and manufacture of energy storage systems; energy-efficient lithium ion battery storage solutions; integrated power management systems; power interface units; free cooling units; solar solutions; smart power management system, a plug and play DC power system for various telecom applications; solar in-box solution to assemble type solar kit; and shelters. The company also provides infrastructure monitoring and optimization services; operations and management services.

No. of Employees :	Information declined by the management.

RATING & COMMENTS

MIRA’s Rating :

Ba (50)

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	USD 28000000

Status :	Satisfactory

Payment Behaviour :	Usually correct

Litigation :	Clear

Comments :	Subject is an established company having satisfactory track record. Rating takes into consideration, good profit margin level and healthy net worth of the company. Overall financials of the company seems to be fair. Trade relations are fair. Business is active. Payment terms are reported to be usually correct. The concern can be considered for business dealings with usual business terms and conditions.

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – March 31, 2015

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

India

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

EXTERNAL AGENCY RATING

No Available

RBI DEFAILTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

EPF (Employee Provident Fund) DEFAILTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2014.

INFORMATION PARTED BY

Name :	Mr. Pankaj Jaiswal
Designation :	Senior Executive
Contact No.:	91-9643202985
Date :	29.05.2015

LOCATIONS

Registered Office :	Plot No. 152, Sector 44, Gurgaon – 122002, Haryana, India
Tel. No.:	91-124-7117000
Fax No.:	91-124-7117007
E-Mail :	rajesh.sodhi@acme.in

DIRECTORS

As on 30.09.2014

Name :

Mr. Manoj Kumar Upadhyay

Designation :

Director

Address :

F-49, 2^nd Floor, Tulip Garden, Sushant Lok, Gurgaon – 122002, Haryana, India

Date of Birth/Age :

01.06.1970

Date of Appointment :

01.10.2014

DIN No. :

01282332

Other Directorship :

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U33203DL1999PTC099946	ADHUNIK POWER SYSTEMS PRIVATE LIMITED	Director	26/05/1999	26/05/1999	09/10/2006	Active	YES
2	U64202HR2003PTC035026	ACME Cleantech Solutions Private Limited	Whole-time director	01/10/2014	26/03/2003	-	Active	NO
3	U25206DL2005PTC131813	MKU HOLDINGS PRIVATE LIMITED	Director	04/01/2005	04/01/2005	-	Active	NO
4	U74120DL2005PTC140800	ACME Innovation Labs Private Limited	Director	15/09/2005	15/09/2005	06/08/2011	Active	NO
5	U40104DL2006PTC152811	ACME ENERGY SOLUTIONS PRIVATE LIMITED	Director	31/08/2006	31/08/2006	16/06/2011	Active	NO
6	U29192DL2006PTC152527	ACME COLD CHAIN SOLUTIONS PRV LTD	Additional director	08/03/2007	08/03/2007	14/07/2010	Active	NO
7	U40300HR2007PTC036826	ACME Jodhpur Solar Power Private Limited	Director	03/05/2007	03/05/2007	14/07/2010	Active	NO
8	U71290DL2006PLC151280	ACME TELECOM ASSETS LIMITED	Director	29/09/2008	11/03/2008	-	Active	NO
9	U32109HR2008PTC038030	Aarohi Solar Private Limited	Director	12/06/2008	12/06/2008	06/08/2011	Active	NO
10	U40109DL2006PTC151281	ACME Enviro Solutions Private Limited	Additional director	20/01/2009	20/01/2009	14/07/2010	Active	NO
11	U40300HR2009PTC038900	ACME Solar Energy (Madhya Pradesh) Private Limited	Director	20/03/2009	20/03/2009	14/07/2010	Active	NO
12	U40105HR2009PTC038901	ACME Solar Technologies (Gujarat) Private Limited	Director	20/03/2009	20/03/2009	14/07/2010	Active	NO
13	U40108HR2009PTC039102	ACME Odisha Solar Power Private Limited	Director	19/05/2009	19/05/2009	14/07/2010	Active	NO
14	U40104HR2009PTC039681	ACME Jaisalmer Solar Power Private Limited	Director	06/11/2009	06/11/2009	14/07/2010	Active	NO
15	U40106RJ2010PTC031977	ACME Jaipur Solar Power Private Limited	Director	31/05/2010	31/05/2010	14/07/2010	Active	NO
16	U74140HR2010PTC041538	ACME Solar Energy Private Limited	Whole-time director	22/11/2013	22/08/2012	-	Active	NO

Name :

Mrs. Mamta Upadhyay

Designation :

Director

Address :

F-49, 2^nd Floor, Tulip Garden, Sushant Lok, Gurgaon – 122002, Haryana, India

Date of Birth/Age :

06.06.1974

Date of Appointment :

30.09.2010

DIN No. :

01285751

Other Directorship :

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U64202HR2003PTC035026	ACME Cleantech Solutions Private Limited	Director	30/09/2010	14/01/2003	-	Active	NO
2	U25206DL2005PTC131813	MKU HOLDINGS PRIVATE LIMITED	Director	04/01/2005	04/01/2005	-	Active	NO
3	U74120DL2005PTC140800	ACME Innovation Labs Private Limited	Director	15/09/2005	15/09/2005	06/08/2011	Active	NO
4	U71290DL2006PLC151280	ACME TELECOM ASSETS LIMITED	Director	26/07/2006	26/07/2006	14/07/2010	Active	NO
5	U11103DL2006PTC151658	Opulence Infraventure Private Limited	Director	05/08/2006	05/08/2006	16/01/2009	Active	NO
6	U40104DL2006PTC152811	ACME ENERGY SOLUTIONS PRIVATE LIMITED	Director	31/08/2006	31/08/2006	16/06/2011	Active	NO
7	U40300HR2007PTC036826	ACME Jodhpur Solar Power Private Limited	Director	30/09/2013	03/05/2007	24/01/2014	Active	NO
8	U32109HR2008PTC038030	Aarohi Solar Private Limited	Director	12/06/2008	12/06/2008	06/08/2011	Active	NO
9	U40108HR2009PTC039102	ACME Odisha Solar Power Private Limited	Director	19/05/2009	19/05/2009	14/07/2010	Active	NO
10	U40104HR2009PTC039681	ACME Jaisalmer Solar Power Private Limited	Director	06/11/2009	06/11/2009	14/07/2010	Active	NO
11	U40106RJ2010PTC031977	ACME Jaipur Solar Power Private Limited	Director	31/05/2010	31/05/2010	14/07/2010	Active	NO
12	U40105HR2009PTC038901	ACME Solar Technologies (Gujarat) Private Limited	Director	30/09/2013	12/07/2013	27/03/2015	Active	NO

Name :

Rama Bhilash Mishra

Designation :

Director

Address :

B-2/104, PWO Housing Complex, Sector-43, Gurgaon – 122002, Haryana, India

Date of Birth/Age :

15.09.1948

Date of Appointment :

30.09.2010

DIN No. :

01381459

Other Directorship :

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U40109MP2001SGC014880	MADHYA PRADESH POWER TRANSMISSION COMPANY LIMITED	Director	19/12/2007	09/08/2002	29/11/2010	Active	NO
2	U40101DL2006PLC154627	JAYPEE POWERGRID LIMITED	Whole-time director	02/03/2007	02/03/2007	29/09/2008	Active	NO
3	U64202HR2003PTC035026	ACME Cleantech Solutions Private Limited	Director	30/09/2010	23/09/2010	-	Active	NO
4	U40300HR2011PTC044089	Medha Energy Private Limited	Director	13/10/2011	13/10/2011	04/02/2013	Active	NO

Name :

Mr. Samir Sharan Shailendra

Designation :

Whole-time Director

Address :

2111, 21^st Floor, Shefield Tower, 2^nd Cross lane, Lokhandwala, Andheri (West), Mumbai – 400053, Maharashtra, India

Date of Birth/Age :

17.04.1964

Date of Appointment :

01.04.2013

DIN No. :

06546182

Other Directorship :

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U64202HR2003PTC035026	ACME Cleantech Solutions Private Limited	Whole-time director	01/04/2013	01/04/2013	-	Active	NO
2	U71290DL2006PLC151280	ACME TELECOM ASSETS LIMITED	Director	30/09/2013	01/07/2013	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Rajesh Sodhi
Designation :	Secretary
Address :	7/113, Ramesh Nagar, new Delhi – 110015, India
Date of Birth/Age :	01.05.1967
Date of Appointment :	06.09.2010
PAN No.:	AGZPS3457N

Name :	Mr. Pankaj Jaiswal
Designation :	Senior Executive

Name :	Mr. Rajbir Singh Chawla
Designation :	Senior Executive
Date of Appointment :	02.06.2014
PAN No.:	AAJPC9494P

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2014

Shareholders File Attached

As on 30.09.2014

Equity Share Break up (Percentage of Total Equity)

Category	Percentage of Holding
Foreign holdings( Foreign institutional investor(s), Foreign companie (s) Foreign financial institution(s), Non-resident Indian(s) or Overseas Corporate bodies or Others	13.53
Bodies corporate	64.41
Directors or relatives of Directors	21.88
Other top fifty shareholders	0.18
Total	100.00

BUSINESS DETAILS

Line of Business :

Subject is engaged in the field of energy management and solutions for the wireless telecommunications and alternate energy sector. It is engaged in the research and development, and manufacture of energy storage systems; energy-efficient lithium ion battery storage solutions; integrated power management systems; power interface units; free cooling units; solar solutions; smart power management system, a plug and play DC power system for various telecom applications; solar in-box solution to assemble type solar kit; and shelters. The company also provides infrastructure monitoring and optimization services; operations and management services.

Products :

Item Code No. (ITC Code)	Product Description
99887520	Telecom Equipment such as Air conditioner, phase Change etc.

Brand Names :

Not Available

Agencies Held :

Not Available

Exports :

Not Divulged

Imports :

Not Divulged

Terms :

Selling :

Not Divulged

Purchasing :

Not Divulged

PRODUCTION STATUS : Not Available

GENERAL INFORMATION

Suppliers :

Reference :	Not Divulged
Name of the Person :	Not Divulged
Contact No.:	Not Divulged
Since How Long Known :	Not Divulged
Experience :	Not Divulged
Maximum Limit Dealt :	Not Divulged

Customers :

Reference :	Not Divulged
Name of the Person :	Not Divulged
Contact No.:	Not Divulged
Since How Long Known :	Not Divulged
Experience :	Not Divulged
Maximum Limit Dealt :	Not Divulged

No. of Employees :

Information declined by the management.

Bankers :

Banker Name	The Honkong and Shanghai banking Corporation Limited
Branch Address	Birla House, 25 Barakhamba Road, new Delhi – 110001, India
Person Name (With Designation)	Not Divulged
Contact Number	Not Divulged
Name of Account Holder	Not Divulged
Account Number	Not Divulged
Account Since (Date/Year of Account Opening)	Not Divulged
Average Balance Maintained (If Possible)	Not Divulged
Credit Facilities Enjoyed (If any)	Not Divulged
Account Operation	Not Divulged
Remarks (If any)	Not Divulged

State Bank of India, Commercial Branch, 6th Floor Palm Court ,Mehrauli Gurgaon Road, Gurgaon - 122001, Haryana, India

Standard Chartered Bank, C D U, NARAIN MANZIL, 23 BARAKHAMBA ROAD, NEW DELHI - 110001, Delhi, India

Axis Bank Limited Statesman House, 2^nd Floor, 148 Barakhamba Road, New Delhi - 110001, India

Facilities :

SECURED LOANS	31.03.2014 (Rs. in Million)	31.03.2013 (Rs. in Million)
LONG TERM BORROWINGS
Other loans and advances	4.800	0.800

SHORT TERM BORROWINGS
Loans repayable on demand from banks	423.100	514.700
Total	427.900	515.500

Financial Institute :	Reliance Capital Limited, "H" Block 1^st Floor, Dhirubhai Ambani Knowledge City, Koparkhairne, Navi Mumbai - 400710, Maharashtra, India

Auditors :
Name :	Mehra Khanna and Company Chartered Accountants
Address :	1591, 3^rd Floor, Outram Lines, Kingsway Camp, Delhi – 110009, India
PAN No.:	AAGFA5893D

Memberships :	Not Available

Collaborators :	Not Available

Holding Company:	MKU Holdings Private Limited

Subsidiaries :	ACME Tele Power (Cyprus) Limited ACME Tele Power (Mauritius) Private Limited ACME Solar Technologies (Gujrat) Private Limited ACME Solar Energy Pvt Limited ( Ceased to be subsidery w.e.f. 20th May'13) ACME Jodhpur Solar Power Private Limited ( Ceased to be subsidery w.e.f. 24th Jan'14) ACME Solar Energy (Madhya Pradesh) Private Limited ( Ceased to be step down subsidery w.e.f. 20th May'13) "ACME Odisha Solar Power Private Limited (Formely known as Acme Bikaner Solar Power Private Limited) ( Ceased to be Step down subsidery w.e.f. 20th May'13)" ACME Telecom Assets Limited Reime DRC SPRL (step down subsidiary) Reime Kenya Limited (Step down subsidiary) Reime Ghana Limited (Step down subsidiary) Reime Zambia Limited (step down subsidiary) Reime Uganda Limited (Step down subsidiary) Reime Tanzania Limited (Step down subsidiary) Reime Limited (Malawi) (step down subsidiary) Reime Madgascar Limited (step down subsidiary) Reime West Africa Limited (Step down subsidiary) Reime Cote d?Ivore sprl ( Ceased to be step down subsidery w.e.f. 15th Mar'13) Reime NIS Middle East (FZE), Dubai ( Ceased to be step down subsidery w.e.f. 31st Mar'12) Green Energy Management Services Private Limited, Bangladesh (Step down subsidiary)

Fellow Subsidiaries :	MKU Cyprus Limited VRS Infotech Private Limited Opulence Infraventure Private Limited ACME Enviro Solutions Private Limited ACME Cold Chain Solutions Private Limited

Joint ventures :	Acme Jaipur Solar Power Private Limited ( Ceased to be Joint venture w.e.f. 16th Apr'13) ACME Jaisalmer Solar Power Private Limited ( Ceased to be Joint venture w.e.f. 16th Apr'13)

Enterprises owned or significantly influenced by key management personnel or their relatives	ACME Cold chain Infrastructure Private Limited ACME Green Energy Infra Projects Private Limited

CAPITAL STRUCTURE

After 30.09.2014

Authorised Capital : Rs. 560.000 Million

Issued, Subscribed & Paid-up Capital : 404.097 Million

As on 30.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount

260000000	Equity Shares	Rs. 2/- each	Rs. 520.000 Million
2000000	Preference Shares	Rs.10/- each	Rs. 20.000 Million
	Total		Rs. 540.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount

192048530	Equity Shares	Rs. 2/- each	Rs.384.097 Million

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2014	31.03.2013	31.03.2012

I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	384.100	384.100	384.000
(b) Reserves & Surplus	9460.200	9146.600	8903.600
(c) Money received against share warrants	0.000	0.000	0.000

(2) Share Application money pending allotment	0.000	0.000	0.000
Total Shareholders’ Funds (1) + (2)	9844.300	9530.700	9287.600

(3) Non-Current Liabilities
(a) long-term borrowings	4.800	0.800	0.500
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	20.400	25.900	23.100
(d) long-term provisions	24.800	23.100	41.500
Total Non-current Liabilities (3)	50.000	49.800	65.100

(4) Current Liabilities
(a) Short term borrowings	1303.500	1326.300	1263.900
(b) Trade payables	828.400	713.600	404.500
(c) Other current liabilities	1359.600	1120.900	827.100
(d) Short-term provisions	10.900	43.800	20.500
Total Current Liabilities (4)	3502.400	3204.600	2516.000

TOTAL	13396.700	12785.100	11868.700

II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	1019.000	774.200	796.800
(ii) Intangible Assets	23.800	3.100	6.400
(iii) Capital work-in-progress	678.200	622.200	531.800
(iv) Intangible assets under development	0.200	14.000	7.500
(b) Non-current Investments	4778.900	4634.100	1174.800
(c) Deferred tax assets (net)	-79.900	80.100	102.800
(d) Long-term Loan and Advances	1740.000	1711.800	4815.300
(e) Other Non-current assets	0.000	0.000	0.100
Total Non-Current Assets	8160.200	7839.500	7435.500

(2) Current assets
(a) Current investments	30.000	30.000	0.000
(b) Inventories	1197.200	1302.000	1209.600
(c) Trade receivables	1798.000	1542.300	1520.300
(d) Cash and cash equivalents	103.600	235.000	230.200
(e) Short-term loans and advances	1342.400	1061.100	652.500
(f) Other current assets	765.300	775.200	820.600
Total Current Assets	5236.500	4945.600	4433.200

TOTAL	13396.700	12785.100	11868.700

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2014	31.03.2013	31.03.2012
	SALES
	Income	4689.700	3356.600	5498.200
	Other Income	161.300	304.900	612.500
	TOTAL (A)	4851.000	3661.500	6110.700

Less	EXPENSES
	Cost of Materials Consumed	2448.800	1420.100	3011.500
	Purchases of Stock-in-Trade	4.100	10.300	64.500
	Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	77.400	(95.900)	54.700
	Employees benefits expense	434.100	441.900	561.000
	Other expenses	1238.000	1378.100	1569.000
	Prior period items before tax	2.200	4.000	2.300
	Exceptional items before tax	12.700	71.800	218.300
	TOTAL (B)	4217.300	3230.300	5481.300

Less	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (C)	633.700	431.200	629.400

Less	FINANCIAL EXPENSES (D)	79.500	72.300	88.900

	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)	554.200	358.900	540.500

Less/ Add	DEPRECIATION/ AMORTISATION (F)	80.700	93.100	117.500

	PROFIT/ (LOSS) BEFORE TAX (E-F) (G)	473.500	265.800	423.000

Less	TAX (H)	160.000	22.700	226.500

	PROFIT/ (LOSS) AFTER TAX (G-H) (I)	313.500	243.100	196.500

	EARNINGS IN FOREIGN CURRENCY
	F.O.B. Value of Exports	130.000	183.500	445.100
	TOTAL EARNINGS	130.000	183.500	445.100

	IMPORTS
	Raw Materials	1118.000	131.600	163.800
	TOTAL IMPORTS	1118.000	131.600	163.800

	Earnings / (Loss) Per Share (Rs.)	1.63	1.27	1.02

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars

31.03.2014

31.03.2013

31.03.2012

Current Maturities of Long term debt

2.100

0.600

0.400

Cash generated from operations

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT / Sales)	(%)	6.68	7.24	3.57

Operating Profit Margin (PBDIT/Sales)	(%)	13.51	12.85	11.45

Return on Total Assets (PBT/Total Assets}	(%)	5.90	3.58	4.21

Return on Investment (ROI) (PBT/Networth)		0.05	0.03	0.05

Debt Equity Ratio (Total Liability/Networth)		0.13	0.14	0.14

Current Ratio (Current Asset/Current Liability)		1.50	1.54	1.76

FINANCIAL ANALYSIS

[all figures are in Rupees Millions]

DEBT EQUITY RATIO

Particular	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Share Capital	384.000	384.100	384.100
Reserves & Surplus	8903.600	9146.600	9460.200
Share Application money pending allotment	0.000	0.000	0.000
Net worth	9287.600	9530.700	9844.300

long-term borrowings	0.500	0.800	4.800
Short term borrowings	1263.900	1326.300	1303.500
Current Maturities of Long Term Debt	0.400	0.600	2.100
Total borrowings	1264.800	1327.700	1310.400
Debt/Equity ratio	0.136	0.139	0.133

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	5498.200	3356.600	4689.700
		(38.951)	39.716

NET PROFIT MARGIN

Net Profit Margin	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	5498.200	3356.600	4689.700
Profit	196.500	243.100	313.500
	3.57%	7.24%	6.68%

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check list by info agents	Available in Report (Yes/No)
1	Year of establishment	Yes
2	Constitution of the entity -Incorporation details	Yes
3	Locality of the entity	Yes
4	Premises details	No
5	Buyer visit details	--
6	Contact numbers	Yes
7	Name of the person contacted	Yes
8	Designation of contact person	Yes
9	Promoter’s background	Yes
10	Date of Birth of Proprietor / Partners / Directors	Yes
11	Pan Card No. of Proprietor / Partners	No
12	Voter Id Card No. of Proprietor / Partners	No
13	Type of business	Yes
14	Line of Business	Yes
15	Export/import details (if applicable)	No
16	No. of employees	No
17	Details of sister concerns	Yes
18	Major suppliers	No
19	Major customers	No
20	Banking Details	Yes
21	Banking facility details	Yes
22	Conduct of the banking account	--
23	Financials, if provided	Yes
24	Capital in the business	Yes
25	Last accounts filed at ROC, if applicable	Yes
26	Turnover of firm for last three years	Yes
27	Reasons for variation <> 20%	--
28	Estimation for coming financial year	No
29	Profitability for last three years	Yes
30	Major shareholders, if available	Yes
31	External Agency Rating, if available	No
32	Litigations that the firm/promoter involved in	--
33	Market information	--
34	Payments terms	No
35	Negative Reporting by Auditors in the Annual Report	No

NOTE: Registered office of the company has been shifted from Plot No. 2, Sector – 34, E.H.T.P, Gurgaon – 122001, India to the present address w.e.f. 29.06.2012

UNSECURED LOANS

PARTICULAR	31.03.2014 (Rs. in Million)	31.03.2013 (Rs. in Million)
SHORT TERM BORROWINGS
Loans repayable on demand from others	880.400	811.600
Total	880.400	811.600

INDEX OF CHARGES

S. No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10570397	23/05/2015	1,200,000,000.00	AXIS BANK LIMITED	2ND FLOOR, RED FORT CAPITAL, PARSVNATH TOWERS, GOLE MARKET, BHAI VEER SINGH MARG, NEW DELHI, DELHI - 110001, INDIA	C54132196
2	10395407	04/12/2012	600,000,000.00	DENA BANK	CORPORATE BUSINESS BRANCH, E 13/29 HARSHA BHAWAN, CONNAUGHT CIRCUS, NEW DELHI, DELHI - 110001, INDI A	B65296964
3	10234100	09/04/2015 *	700,000,000.00	STATE BANK OF INDIA	COMMERCIAL BRANCH, 6TH FLOOR PALM COURT, MEHRAULI GURGAON ROAD, GURGAON, HARYANA - 122001, INDIA	C52184991

* Date of charge modification

FIXED ASSETS

Land
Buildings
Plant and equipment
Furniture and fixtures
Vehicles
Office equipment
Computer equipments
Other equipments
Leasehold improvements

WEBSITE DETAILS:

COMPANY OVERVIEW

ACME Cleantech Solutions Limited is engaged in the field of energy management and solutions for the wireless telecommunications and alternate energy sector. It is engaged in the research and development, and manufacture of energy storage systems; energy-efficient lithium ion battery storage solutions; integrated power management systems; power interface units; free cooling units; solar solutions; smart power management system, a plug and play DC power system for various telecom applications; solar in-box solution to assemble type solar kit; and shelters. The company also provides infrastructure monitoring and optimization services; operations and management services that include diesel filling, battery life optimization, and site environment management; a range of services and materials supply for telecom roll-outs, as well as post-installation services, such as maintenance and energy management; build services that include turnkey site building, fiber building, site refurbishment, audits and advice; and managed services that include 24/7 remote monitoring, fuel handling and monitoring, GEMC aided operation. Its products are installed on telecom sites across the globe. The company has presence through its own establishments, channel partners, and associates. ACME Cleantech Solutions Limited was formerly known as ACME Tele Power Ltd. The company was founded in 2003 and is based in Gurgaon, India with additional offices in India; Ghana, Nigeria, Uganda, Tanzania, Madagascar, Rwanda, Nairobi, the United States, Kenya, and Bangladesh.

CMT REPORT (Corruption, Money Laundering & Terrorism]

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

1] INFORMATION ON DESIGNATED PARTY

No exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

2] Court Declaration :

No exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

3] Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

4] Record on Financial Crime :

Charges or conviction registered against subject: None

5] Records on Violation of Anti-Corruption Laws :

Charges or investigation registered against subject: None

6] Records on Int’l Anti-Money Laundering Laws/Standards :

Charges or investigation registered against subject: None

7] Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

8] Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

9] Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

10] Press Report :

No press reports / filings exists on the subject.

CORPORATE GOVERNANCE

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

CONTRAVENTION

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs. 63.83
UK Pound	1	Rs. 97.10
Euro	1	Rs. 69.74

INFORMATION DETAILS

Information Gathered by :	DIP

Analysis Done by :	SAN

Report Prepared by :	TRU

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILITY	1~10	6
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	6
--CREDIT LINES	1~10	5
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		50

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
NB		New Business

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.